The Fund aims to provide long term capital growth from a multi-asset portfolio and to deliver protection at 80% of the Fund’s highest share price ever achieved. The Fund may take investment exposure to global equities, bonds, property, commodities, cash and alternative assets. From time to time, the Fund’s strategy will be to increase its allocation to low risk interest bearing investments which is designed to deliver the 80% protection.

?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.

1.29%

Fund size

£56m (£44m last year)

FE Risk score

?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.

?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.

-0.47

Beta

?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.

1.05

Sharpe

?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.

0.3

Volatility

?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.

6.42

Tracking error

?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.

1.96

Information ratio

?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.

-0.12

R-Squared

?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.

0.91

Price movement

52 week high133.03

52 week low115.92

Current bid price-

Current offer price-

Current mid price133.11

Region

1

Money Market

44.2%

2

USA

16%

3

UK

15.3%

4

Global Emerging Markets

8.4%

5

Japan

8.3%

6

Europe

6.6%

7

Asia Pacific ex Japan

2.3%

8

Not Specified

-1.1%

Industry sector

No data available.

Asset type

1

Money Market

44.2%

2

UK Equities

12.4%

3

US Equities

12.4%

4

Japanese Equities

8.1%

5

Global Emerging Market Equities

4.7%

6

Global Emerging Market Fixed Interest

3.7%

7

Alternative Assets

3.5%

8

European Equities

3.2%

9

European Fixed Interest

2.8%

Individual holdings

1

GSF GLOBAL ENDURANCE EQUITY S ACC GROSS USD

7.5%

2

ISHARES MSCI JAPAN UCITS ETF

7.4%

3

INVESTEC OEIC DIV INCOME FUND I GBP

4%

4

INVESTEC GLOBAL DYNAMIC S ACC GBP

3.3%

5

ISHARES FTSE 250 UCITS ETF GBP

3.3%

6

ISHARES FTSE 250 UCITS ETF GBP

3.3%

7

ISHARES MSCI EMERGING MKTS UCITS ETF(DIST)

3.1%

8

INVESTEC UK ALPHA S ACC GBP

2.8%

9

INVESTEC UK SMALLER COMPANIES S ACC GBP

2.6%

Management

Fund manager group

Investec

Fund manager company

Investec Fund Managers (UK)

Fund type

OEIC

Fund objective

The Fund aims to provide long term capital growth from a multi-asset portfolio and to deliver protection at 80% of the Fund’s highest share price ever achieved. The Fund may take investment exposure to global equities, bonds, property, commodities, cash and alternative assets. From time to time, the Fund’s strategy will be to increase its allocation to low risk interest bearing investments which is designed to deliver the 80% protection.

Benchmark

No data available.

Investment style

Balanced,Capital Protection Targeted

Investment method

None

Fund managers

Name

Since

Biography

Max King

05/07/2012

Max is a portfolio manager with a focus on equity, property and infrastructure within the Multi-Asset team having joined Investec Asset Management in 2005. Prior to joining the firm he was a director of JO Hambro Capital Management, where he managed a range of equity portfolios. Before that, he worked for Finsbury Asset Management between 1987 and 1997 as the senior investment manager and as a director, with responsibilities for several investment trusts, focused mainly on UK stocks. Max also worked for LF Rothschild for four years in the risk arbitrage department, investing proprietary capital and client money. He qualified as a Chartered Accountant at Peat, Marwick Mitchell and then spent two years in corporate advisory before moving into investment management. Max graduated from Cambridge University with a degree in Economics.

Philip Saunders

05/07/2012

Philip is co-head of Multi-Asset at Investec Asset Management. After a period managing retail marketing and sales, he assumed responsibility for establishing Investec Asset Management’s multi-manager business which is now combined with the firm’s global multi-asset activity. In 1987, he became a founding director of Guinness Flight Global Asset Management (which was acquired by Investec Asset Management in 1998) and led its successful Global Fixed Income team. Prior to that, Philip trained as an investment analyst at Guinness Mahon & Co Limited assuming responsibility for the company’s managed currency funds in 1984. He graduated from Cambridge University with a degree in History in 1980.

Compliance

IA Recognised, UCITS IV Compliant

Domicile

No data available.

Fund for sale in

United Kingdom

Investec Multi Asset Protector 2 I Acc GBP

Initial charge-

Annual charge0.8%

Min single investment£1,000,000

Min regular saving£0

Available in ISAYes

Ongoing charge (OCF)1.29%

Total expense ratio (TER)-

Bid price-

Offer price-

Mid price133.11

CurrencyGBX

Price updated08/12/2016

TypeAccumulation

Institutional or retail classInstitutional

Domicile-

Citi codeG5RB

Investec Multi Asset Protector 2 I Protected Price GBP

Initial charge4.5%

Annual charge-

Min single investment£1,000,000

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)-

Bid price-

Offer price-

Mid price106.49

CurrencyGBX

Price updated08/12/2016

TypeAccumulation

Institutional or retail classInstitutional

Domicile-

Citi codeG7FQ

Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.

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